The 2017 hurricane season is sending insurance claims to unprecedented levels. Business entities have faced catastrophic losses, including significant property damage, lost income and other insurable losses. Business owners that have been impacted should review their policies to understand what is covered and the proper notice with any potential recovery of their losses. The following guidelines provide assistance to affected business owners when documenting and filing a business interruption claim (“BIC”).

MPI, a prestigious national consulting firm founded in 1939, specializes in business valuation, forensic accounting, litigation support and corporate advisory work. MPI provides fairness opinions, sell-side and buy-side advisory services through its investment banking affiliate MPI Securities, Inc. MPI conducts every project as if it is going to face the highest level of scrutiny, and its senior professionals have extensive experience presenting and defending work product in front of financial statement auditors, management teams, corporate boards and fiduciaries, the IRS, other government agencies, and in various courts.